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The Time for Investment Is Now

The annual Prospectors and Developers Association of Canada (PDAC) took place in Toronto during early March, and E&MJ was there. It’s the largest annual trade show for the mining sector. The event brings together mine financiers, many of whom reside in the region, mineral explorers that have discovered ore deposits and the mining companies that will develop these deposits.
The mood seemed a little down this year despite record high prices for gold and high future prices for copper. The mining industry is doing well, but many of the PDAC attendees have been focused on the hype surrounding battery minerals, which has suffered some short-term setbacks in the last six months. The tide will change and demand for all minerals will continue to grow. Michael Stanley, lead mining sector specialist for the World Bank, reinforced that with his keynote .... read more

                                          Steve Fiscor, Publisher & Editor in Chief





Production Begins at Salares Norte in Chile
Gold Fields Ltd. has started production at its Salares Norte gold mine in Chile’s Atacama province with the pouring of its first gold-silver doré on March 28, 2024. This represents a significant milestone for Gold Fields, which has taken the project from discovery, through exploration and development to production over the past 13 years. Salares Norte is a world-class project with .... read more


DOE Commits $2.26B for Thacker Pass Construction
Lithium Americas Corp. has received a conditional commitment from the U.S. Department of Energy (DOE) for a $2.26 billion loan under the Advanced Technology Vehicles Manufacturing (ATVM) loan program to finance the construction of the processing facilities at Thacker Pass, located in Humboldt County, Nevada. “This is a significant milestone for Thacker Pass, which will help meet the growing domestic need for lithium chemicals and strengthen our nation’s security,” said Jonathan Evans, president and CEO of Lithium Americas .... read more


Côté Pours First Gold
IAMGOLD Corp. completed its first gold pour at the Côté gold mine, located in Ontario, Canada. Côté Gold is a joint venture between IAMGOLD, as the operator, and Sumitomo Metal Mining Co., Ltd. “I am delighted to announce that Côté Gold achieved the milestone of first gold pour, less than 90 days since the start of the..... read more

IOC to Decarbonize Iron Ore Processing in Labrador
The Government of Canada awarded C$18.1 million ($13.3 million) from its Low Carbon Economy Fund to Rio Tinto’s Iron Ore Co. of Canada (IOC) to support the decarbonization of iron ore processing at its operations in Labrador West. The funding will enable IOC to reduce the amount of heavy fuel oil that is consumed in the production of iron ore pellets and concentrate. The company will install an electric boiler to displace emissions from the usage of the heavy fuel oil boilers, as well as instrumentation and fuel-efficient burners .... read more

Raglan Launches the Anuri Mine
Glencore’s Raglan mine officially inaugurated the Anuri mine, from its Sivumut mining project, which has been under development for more than 10 years. This event marks an important milestone in the pursuit of its nickel-mining operations in Nunavik, Quebec, and highlights its ongoing commitment to the local communities that welcome .... read more

Hudbay Signs Flin Flon Option With Marubeni
During mid-March, Hudbay Minerals Inc. signed an option agreement with Marubeni Corp., which would allow Marubeni’s Canadian subsidiary an option to acquire a 20% interest in three projects located within trucking distance of Hudbay’s processing facilities in Flin Flon, Manitoba. To exercise the option, amongst other things, Marubeni will fund at least C$12 million ($8.8 million) in exploration expenditures over five years with Hudbay acting as operator and carrying out the exploration activities. Upon successful completion of Marubeni’s more


Talisker Signs Ore Purchase Agreement With New Gold
Talisker Resources Ltd., through its Bralorne Gold Mines Ltd., has signed a definitive ore purchase agreement with New Gold Inc. As part of the agreement, New Gold will purchase up to 350,000 metric tons (mt) of ore mined at Bralorne and process it at their New Afton mill. The agreement can be extended by mutual agreement. “Having completed the portal and decline construction and our resource conversion drilling, this agreement clears the pathway for our planned 2024 production at Bralorne,” said Terry Harbort .... read more

AROUND THE WORLD - Latin America
Buenaventura Obtains Yumpag Permit
Compañia de Minas Buenaventura S.A.A. said it has received its final operating permit from the Peruvian Ministry of Energy and Mines to begin production at its Yumpag mine. “Receipt of this final permit for our flagship Yumpag mine represents a significant milestone for Buenaventura and also reflects .... read more


Antofagasta Finds Funding for Centinela Expansion
Antofagasta plc announced that Minera Centinela signed agreements with a group of international lenders to finance the $2.5 billion Centinela Second Concentrator Project. Minera Centinela, located near Antofagasta, Chile, is owned by Antofagasta (70%) and Marubeni Corp. (30%). “We have agreed on competitive financing terms with strong international lenders, which is a testament to the high-quality nature of this project,” Antofagasta’s CEO, Iván Arriagada said. “The project is a prime example of how Antofagasta can unlock value ... read more


AROUND THE WORLD - Australasia
MinRes to Buy Lake Johnston from Poseiden Nickel
Poseidon Nickel has agreed to divest Lake Johnston to MineralResources Ltd. (MinRes), subject to certain conditions. Under a Binding Heads of Agreement, Poseidon will be paid $15 million in cash while retaining exposure to any exploration success at Lake Johnston with royalties from any future minerals …. read more


Seasonal Rains Impact Operations at Abra
Galena Mining provided an update on its 60%-owned Abra base metals mine, located in the Gascoyne region of Western Australia. Underground mining continues, but ore processing has been suspended since March 6 due to site access road closures from seasonal rainfall events. Rain has closed the mine’s primary road, preventing concentrate haulage from site and LNG gas supply to site necessary for mill operation. The mine currently has approximately 2,500 metric tons (mt) of lead concentrate stockpiled and 70,000 mt of mill feed  …. read more


Kamoa-Kakula Needs More Power
Ivanhoe Mines’ Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) produced 86,203 metric tons (mt) of copper in concentrate during the first quarter of 2024. The company said it expects the complex to produce between 440,000 to 490,000 mt of copper in concentrate in 2024 …. read more


Sibanye Reports Shaft Incident in Rustenburg
Sibanye-Stillwater reported that production from the Siphumelele shaft has been suspended due to damage to the shaft’s surface infrastructure that occurred on February 29, 2024. An ore collector bin attached to the shaft headgear sheared off and fell to the ground, damaging the ore conveyor system on the surface. There were no injuries because of the incident, but the damage to the ore collector bin and the collapse of the conveyor system prevents regular production activities. Investigations into the cause of the incident .... read more

AROUND THE WORLD - This Month in Coal
Stanmore Buys South32’s Stake in Peak Downs
Stanmore Resources Ltd. has agreed to buy South32’s 50% interest in the Eagle Downs metallurgical project, its entire interest in Eagle Downs Coal Management Pty. Ltd., and associated assets for a total cash consideration of $215 million. The other .... read more


Whitehaven Completes Daunia and Blackwater Acquisition
Whitehaven Coal reported that all conditions precedent has now been satisfied to complete its acquisition of the Daunia and Blackwater metallurgical coal mines and all the shares in South Blackwater Coal Pty Ltd from the BHP Mitsubishi Alliance (BMA). The acquisition will essentially double Whitehaven’s production profile, transforming it into a leading metallurgical coal producer. The transaction was completed on April 2, 2024. Whitehaven will pay $2 billion to BMA, which is the balance of the upfront consideration, together with .... read more

FEATURE - Shafts and Hoists
The Only Way Is Down
We explore advances in shaft sinking, raiseboring and hoisting with five industry leaders

By Carly Leonida, European Editor

As near-surface orebodies become depleted and demand for minerals and metals grows, there is only one way that mining operations can realistically go, and that is down. Accessing new deposits or orebody extensions is often contingent upon the development of infrastructure and, for the engineers and contractors who specialize in designing and building vertical developments, as well as the OEMs and technology firms who equip them, business is booming. To explore key trends as well as projects underway globally, E&MJ invited a selection of experts to share their insights. “The most crucial trend in both design .... read more



For more companies with products in the Hoists market - Go Here
FEATURE - Drilling Tools
Drilling Tool Innovations Improve Productivity
Enhancements that increase component performance and longevity are currently or will soon change rig specifications

By Jesse Morton, Technical Writer.

The most recent innovations to drilling tools reportedly ensure greater component longevity, more uptime, improved efficiency and increased production. A couple have already received market acceptance. The rest, suppliers say, will be disrupting the space in the near future. Diamond-protected Buttons, early adopters say the Powerbit X helped them increase productivity, improve safety, and simplify logistics. Results from two underground mines and a major underground civil works project show the bit delivers significant time and cost savings by improving operational .... read more



For more companies with products in the Drilling Tools market - Go Here
FEATURE - Screening and Sorting
Screening and Sorting Systems Improve Plant Processing Efficiencies
Rejecting waste from processing streams reduces the consumption of water, energy and the amount of tailings.

By Steve Fiscor, Editor-in-Chief.

Screening systems play a vital role in the plant’s flowsheet. They can be used to remove undersized material and dewater the feed as it’s processed and, they also divert the feed to the next processing step based on particle size. Screening systems are robust machines that use an eccentric mass to impart vibration to a screen deck, which can be made from rubber, polyurethane or woven wire. These systems must be able to handle thousands of tons of rock per hour efficiently with a high availability. Sorting systems classify rock by using methods other than mechanical screening .... read more


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FEATURE - Fleet Management
Fleet Management for Modern Mines
New developments in fleet management systems for open-pit mining operations

By Carly Leonida, European Editor.

Behind every modern open-cut mining operation is a fleet management system (FMS). Once the preserve of dispatching, today, these software platforms do much more, overseeing the efficiency and safety of every person and piece of equipment in the pit while simultaneously optimizing their movements and interactions. While the benefits of deploying a FMS, at an operational level, are undeniable, these systems are increasingly helping mining companies towards their larger corporate commitments, and many of the features and partnerships announced by technology providers over the past year reflect this. “The mining industry is increasingly adopting digital technologies to improve .... read more



For more companies with products in the Fleet Management market - Go Here

Video Presentations

The latest listings from the World Mining Equipment Video Library - to view the video, click the image.

Power : Balanced

Transforming Weakness into Strength

Every Picture Has A Different Story

Rio Tinto’s Amrun Project

Volvo Penta
Shaping the Future of Off-Highway

Meet Nexys

Sorting Tomorrow's Resources

Bulk Ore Sorting

Mine Payload Scanner

Reliable Flow Control Solutions

Weba Chutes
Quality Management Process

Martin Engineering
CleanScrape® Belt Cleaners
For more details on the Video Hub - Go Here


Avesco Widens European Presence
Sandvik Mining and Rock Solutions distributor, Avesco, has expanded its European sales territory to offer Sandvik construction equipment and solutions in Czech Republic, Estonia, Hungary, Latvia, Lithuania and Slovakia. Sandvik and Avesco have a longstanding partnership going back to 1999 in Switzerland. The Swiss family-owned trading and services company .... read more
Valmet to Expand Filter Fabric Manufacturing
Valmet, a leading supplier of filter fabrics and industrial textiles, reports it has decided to invest in filter fabric manufacturing in Belo Horizonte, Brazil, in order to better respond to the growing demand of high-performing filter fabrics in both the mining and pulp and paper industries in South America. The new facility will be in operation more
CDE Plant Accelerates Production in Kuwait
La' Ala Al-Kuwait Real Estate Company, the firm behind the Sabah Al Ahmad Sea City in Kuwait, has partnered with CDE, a leading supplier of sand and aggregate washing solutions, to help meet its busy production schedule. Considered one of the largest real estate developments in the world, over 3,000 contractors from 20 countries .... read more

GHH Agrees Partnership to Expand in Türkiye
GHH, the German manufacturer of machines for mining and tunnelling industries, has agreed a partnership with the Japanese machine and truck distributor Marubeni Dağıtım ve Servis in Türkiye, opening up growth opportunities for both companies. As one of the major distributors of heavy machinery in Türkiye, Marubeni Dağıtım ve Servis A.Ş. has already more


Alimak - Efficiency and Safety in Mining
Alimak, a global vertical access provider with a range of industrial elevators designed for aboveground and underground mining applications, report that their industrial elevators are engineered to perform at peak efficiency in the harsh environments of mines, smelters, processing plants, and concentrators. By eliminating the need for hazardous .... read more
Malvern Panalytical Launches Revontium
Malvern Panalytical has announced the launch of Revontium, which they say is the world’s first compact XRF spectrometer. The new instrument delivers elemental analysis with in a compact 0.4 m2 footprint. The company state that Revontium offers an alternative to 1-2 kW floor-standing systems and can deliver high-quality, repeatable results .... read more

Weir Opens Foundry in China
Weir has announced the opening its new foundry in Xuzhou, China. The foundry, which is part of Weir’s ESCO global foundry network, expands capacity for the manufacture of ESCO® ground engaging tools. The site covers 16.5-acres in Xuzhou’s High-Tech Industrial Zone and features the very latest technology .…. read more

Redpath Mining to Acquire RUC Mining Contractors
Redpath (Australia) Holdings Pty Ltd, a wholly owned subsidiary of Redpath Mining Inc., has signed a share purchase agreement to acquire RUC Mining Contractors Pty Ltd (RUC). Pending regulatory approvals, it is expected that the acquisition will be completed and for RUC to officially become part of Redpath more



MAY 28-30, 2024: Euro Mine Expo, Skellefteå, Sweden
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JUNE 3-6, 2024: Exponor, Antofagasta, Chile.
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SEPTEMBER 24-26, 2024: MineExpo International 2024, Las Vegas, Nevada, USA.
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OCTOBER 15-17, 2024: International Mining and Minerals Hall, Seville, Spain.
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APRIL 6-9, 2025: Haulage and Loading, Tucson, Arizona, USA.
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JUNE 3-5 2025: US Coal Show - Longwall Edition, Pittsburgh, PA. USA
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Gold Ashanti (AGA) announced that Maria Ramos, will not stand for re-election at the upcoming annual general meeting at the end of May. The AGA Board has voted unanimously to appoint Jochen Tilk as chairman. He was previously executive director of Nutrien Inc., and president and CEO of Potash Corp. Prior to that, Tilk spent 25 years with Inmet Mining Corp.
Sibanye-Stillwater has appointed Greg Cochran as executive vice president and head of uranium, effective 1 June 2024. He led the due diligence team on Uranium One’s C$3.8 billion acquisition of UrAsia Ltd in 2007, the largest uranium transaction. Cochran also led other uranium companies including Namibian-focused uranium developer Deep Yellow Ltd., and most recently serving as the managing director and CEO of Aurora Energy Metals.
Kleber Silva has accepted the position of executive vice president of ArcelorMittal and CEO of Arcelor- Mittal Mining. He replaces Stefan Buys, who is pursuing other opportunities. Kleber left ArcelorMittal as head of iron ore in 2017 to join Eramet as deputy CEO and COO responsible for mining and metals.
Richard O’Brien has joined New Gold Inc.’s board. He replaces Ian Pearce, who informed the board that he will retire on August 1, 2024. Following the company’s annual general meeting, the board is expected to appoint O’Brien as chair. O’Brien served as president and CEO of Newmont Mining Corp. from 2007 to 2013. He also served as president and CEO of Boart Longyear from 2013 to 2015. He is currently a corporate director, serving on the boards of Vulcan Materials Co., Xcel Energy Inc. and Ma’aden. He chaired Pretivm Resources’ board until its acquisition by Newcrest, which has now been acquired by Newmont.
Brian Talbot has accepted the position of COO and member of the board for Atlas Lithium Corp. He is considered one of the leading authorities on lithium with extensive experience in developing dense media separation operations. Talbot served as COO for Sigma Lithium and before that he was general manager and head of Australian operations for Galaxy Resources, now part of Arcadium Lithium PLC.
Covia has appointed Bruno Biasiotta as president and CEO and a member of its board.
Sierra Metals Inc. appointed Astolfo Romero as vice president, health and safety. He replaces Felix Guerra, who is retiring after a very successful career in the mining industry.
Eriez announces the appointment of Matthew Behre to flotation sales director, Eriez-Australia. He will lead Eriez’ capital sales, commissioning, laboratory operations, and pilot test work for the Australia region. Behre brings nearly two decades of invaluable expertise in flowsheet design, metallurgical laboratory management, and process engineering to his new position. Before joining Eriez, Behre played a key role in developing oxide flotation systems for various projects within a global mineral sands company’s portfolio.



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